All Forum Posts by: George S freeman
George S freeman has started 6 posts and replied 30 times.
Post: Closing on 1st Investment property on the 31st
- Posts 30
- Votes 12
what would be a good ARV
Post: Closing on 1st Investment property on the 31st
- Posts 30
- Votes 12
Quote from @V.G Jason:
You seem like you just jumped into a deal cause you wanted to. $15k profit after ARV is terrible, but not as terrible as your rate and origination points.
You got a low ceiling property with terrible rates in a falling knife housing environment. The person to blame is you, I hope you the best in it but you can't blame anyone but yourself for it. If it doesn't make sense, don't commit. Seems like you just committed impulsively.
Post: Closing on 1st Investment property on the 31st
- Posts 30
- Votes 12
Wow!!!! 2 sides to every coin
Post: Closing on 1st Investment property on the 31st
- Posts 30
- Votes 12
Quote from @Norris Frazier:
Bought it @ 15% discount but the foundation, plumbing, and Roof need help: after repair ARV is 15K profit. Plan to Buy-N-Hold, & let it appreciate.
But as a new investor even with Great Credit Hard $ Interest 13.49% and Origination Points at 4%... Needless to say cost of money is HORRIBLE! Looking forward to Refi.
I am finding it is a dirty and grimy world in this business. Brandon and David you guys need to talk more about the F'd up side of Real Estate. These dirty people and dirty deals, permitting issues and dirty contractors. More bad then good it seems. Never thought I would have to turn on the "Street Me" in legitimate business.
Post: how to raise capital
- Posts 30
- Votes 12
Quote from @George S freeman:
Quote from @Austin Fowler:
Quote from @George S freeman:
thank you Dave i appreciate you replying, i am brand new to real estate , just bought my first house in las vegas, so i'm lo on funds , would like to possibly buy a rental property, i only have 10k to work with
I've raised capital for down payments to buy rental properties. Happy to discuss.
631 294 9538 please help me
Post: how to raise capital
- Posts 30
- Votes 12
Quote from @Austin Fowler:
Quote from @George S freeman:
thank you Dave i appreciate you replying, i am brand new to real estate , just bought my first house in las vegas, so i'm lo on funds , would like to possibly buy a rental property, i only have 10k to work with
I've raised capital for down payments to buy rental properties. Happy to discuss.
Post: how to raise capital
- Posts 30
- Votes 12
thank you Dave i appreciate you replying, i am brand new to real estate , just bought my first house in las vegas, so i'm lo on funds , would like to possibly buy a rental property, i only have 10k to work with
Post: how to raise capital
- Posts 30
- Votes 12
Post: how to raise capital
- Posts 30
- Votes 12
lo down payment solutions
Quote from @George S freeman:
thank you so much i appreciate your response this helps a lot
is there anyway for me to get in if i dont have the 70k or just save save save!
so in short in this area in Henderson for 335k single family i need 70k